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Updated Triplex
For Sale
$1,175,000

3327 Caminito Quintana, Santa Fe, NM 87507

ResidentialIncome, Santa Fe, NM

Property Size3,712 SF
Lot Size0.17 Acres
Price / SF$316.54
Days on Market208

Property Features for 3327 Caminito Quintana

General Information

Property type Residential Multi Family
Property subtype Triplex
Zoning description R-1
Bedrooms 7
Bathrooms 4
Full bathrooms 4
Rooms Bathroom 3, Bedroom 1, Bedroom 7, Bedroom 5, Bathroom 1, Bedroom 3, Bathroom 2, Bedroom 6, Bathroom 4, Bedroom 4, Bedroom 2
Window features Skylight(s)
Interior features Skylights
Exterior features Lighting
Appliances Refrigerator
Directions From St MichaelsHead toward US-84 E/US Hwy 285 SMerge onto US-84 E/US Hwy 285 STurn right onto W Zia RdContinue straight onto NM-300 W/Rodeo RdContinue onto NM-284 W/Airport RdTurn right onto Caminito Quintana
Subdivision 300 - City of Santa Fe
Standard status Active
APN 054198144
Size 3,712 SF
Lot size 0.17 Acres

Taxes and HOA fees

Tax Annual Amount 2474

Utilities

Heating system Ductless (Heating)

Building Details

Year built 1960
Floors in Building 1
Number of units 3
Flooring type Carpet
Listing Agency: Keller Williams Realty
Listed By: Garcia Group
Added: Mar 20 Changed: Oct 5 Last Checked: Oct 13 at 4:06PM
MLS# 1111796

Copyright © 2026 Southwest MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

The 3,712-square-foot triplex contains three separate residences: a front home, a casita, and a two-story main residence. Improvements span all three spaces. The front home has new flooring, countertops, windows, doors, a water heater, breaker panel, ProPanel roof, and washer and dryer. The casita has new flooring, cabinetry, windows, plumbing, and an upgraded breaker panel. In the main residence, updates include flooring, windows and doors, bathroom remodeling, kitchen cabinetry, a breaker panel, washer and dryer, and a mini-split system; it also has an electric fireplace.

The property occupies 0.17 acres in Santa Fe and was built in 1960. Interior features include skylights; exterior lighting and a refrigerator are also noted.

Key Highlights

  • Three residences: front home, casita, and two‑story main residence
  • 3,712 square feet on a 0.17‑acre lot
  • Front home updates include a ProPanel roof, water heater, breaker panel, windows, and doors

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$55,089
Cap Rate
4.69%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,101,780 $1.1M
Cap Rate 7%
$786,986 $787.0K
Cap Rate 9%
$612,100 $612.1K
Market Conditions
NOI Build-Up for 3,712 SF
Gross rent
$82.4K $22.20/SF
− Vacancy
−$3.7K −$1.00/SF
EGI
$78.7K $21.20/SF
− OpEx
−$23.6K −$6.36/SF
NOI
$55.1K $14.84/SF
Area
Santa Fe County, NM
Vacancy
4.50%
Lease Rate
$22.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,101,780
Cap Rate 7%
$786,986
Cap Rate 9%
$612,100

Alternative Uses

Best Use
Multifamily LT 5
$787.0K
$688.6K – $918.2K (±1% cap)
NOI $55,089 @ 7.0% cap · market cap 4.69%
Second Best
Apartment 5plus
$727.6K
$636.6K – $848.8K (±1% cap)
NOI $50,930 @ 7.0% cap · market cap 4.33%
Theoretical Best
Office A
$1.01M
$882.0K – $1.18M (±1% cap)
NOI $70,558 @ 7.0% cap · market cap 6.00%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Triplexes

Suggested Use

Top Pick Law Firm Dental Office Real Estate Agency Skin Care Clinic Pharmacy Electrical Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

3
Residential units

Location Intelligence

Trade Area within ½ mile

458
Businesses Nearby

Demographics for 87507, NM

51,338
Population
21,272
Households
2.4
Avg Household Size
38
Median Age
31%
College-Educated
86%
High-School Grad
96.1 sq mi
ZIP Area
534
Density / Sq Mi
$62,955
Median Household Income
$34,102
Median Earnings
$1,276
Median Rent
$333,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Triplex - Three distinct residences comprise a front home, a casita, and a two-story main residence.
Where is this triplex located?
The property is located at 3327 Caminito Quintana Santa Fe, NM.
What is the asking price?
The asking price for this property is $1,175,000.
What are key features of this property?
This property features: Three residences: front home, casita, and two‑story main residence; 3,712 square feet on a 0.17‑acre lot; Front home updates include a ProPanel roof, water heater, breaker panel, windows, and doors
More about this property
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